$400,000 Active
4889 Bougainvillea Circle
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,480 Sq Ft
Virtual Tour

About This Property

Experience resort-style living in the heart of Sparks with this beautifully maintained 2-bedroom, 2-bathroom condo in a sought-after gated community just minutes from the Sparks Galleria, shopping, dining, parks, and convenient freeway access. Whether you're a first-time homebuyer, busy professional, downsizer, or investor, this home offers the perfect combination of location, comfort, and low-maintenance living. The thoughtfully designed open floor plan features a spacious living room with a cozy gas fireplace, newer carpet, granite countertops, stainless steel appliances, and an abundance of storage throughout. Both bedrooms offer walk-in closets, while the private primary suite includes a walk-in shower and generous storage. An attached one-car garage provides added convenience and security. Enjoy all the benefits of homeownership without the upkeep. The HOA maintains the landscaping so you can spend your time relaxing at the community clubhouse, swimming pool, and hot tub instead of working in the yard. FHA financing eligible, this home opens the door to more buyers looking for an affordable opportunity in one of Sparks' most desirable gated communities. If you've been searching for a lock-and-leave lifestyle with exceptional amenities and an unbeatable location, this is one you won't want to miss.

Listed by Jeniffer Lair — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260009928
Days on Market 51
Price/Sq Ft $270

Property History

Aug 01, 2026
Listed for sale
$400,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,480
Lot Size 0.04 acres
Stories 2
Year Built 2006
Property Type Condominium
Subdivision Galleria Station 1
STR Jurisdiction Washoe County
APN 510-573-05
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area
View Mountain(s)
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,197
HOA Fee $390 / Monthly
HOA / Community Casoleil HOA
Schools
Elementary School Sepulveda
Middle School Sky Ranch
High School Reed
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Parking, Pool, Recreation Room, Spa/Hot Tub
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message